{
  "id": 19284133,
  "title": "Stakeholders: Nigeria Risks Export Market Losses, Billions in Green Finance Over Agriculture, Climate Inaction",
  "url": "https://urgent.news/2026/11/10/stakeholders-nigeria-risks-export-market-losses-billions-in-green",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T04:24:00.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/11/10/stakeholders-nigeria-risks-export-market-losses-billions-in-green-finance-over-agriculture-climate-inaction/"
  },
  "original_language": "en",
  "account": "African financial institutions and stakeholders have warned that Nigeria risks losing billions in export revenue and green financing opportunities if it fails to shift from commodity agriculture to technology-driven, industrial-scale farming focused on value addition and sustainability. At the 3rd Farm, Food and Allied Technologies Expo in Abuja, Mr. Atai Akpan, Head of Sustainability and SDG Alignment at the World Agriculture Forum Nigeria Council, emphasized the urgent need for action over mere promises. He highlighted the upcoming European Union Deforestation Regulation, which will impose stringent requirements on exporters of commodities like cocoa, palm oil, rubber, soya, and wood, making compliance difficult for farmers lacking traceability records. Additionally, Akpan pointed out that Nigeria's limited participation in the $300 billion global carbon-credit market is due to inadequate sustainability infrastructure and a failure to convert environmental commitments into verifiable projects. Afreximbank's Otitodilichukwu Onuegbu echoed these concerns, stressing that Africa's dependence on exporting raw agricultural commodities hinders wealth creation, industrialization, and competitiveness. He called for a shift towards processing, manufacturing, and value addition, and for financial institutions to adopt an integrated financing model that covers the entire agricultural ecosystem.",
  "summary": "• Abubakar Kyari canvasses private investment in mechanisation, local manufacturing, cold-chain infrastructure •Afreximbank urges financing of entire agricultural value chain, cautions against production without market access •Atai Akpan says sustainability",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}